Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1. the preparation of adjusting entries is: a. nee

1. The preparation of adjusting entries is: a. needed to ensure that the expense recognition...

90.2K

Verified Solution

Question

Accounting

1. The preparation of adjusting entries is:

a. needed to ensure that the expense recognition principle is followed. b. straightforward because the accounts that need adjustment will be out of balance c. optional when financial statements are prepared. d. only required for accounts that do not have a normal balance.

2. Thanks

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

10.2.9 An article in Radio Engineering and Electronic Physics (1980, Vol. 25, pp. 74-79) investigated the behavior...

Chemistry
1.2K views

Consider the following reaction: I2(g)+Cl2(g)⇌2ICl(g) Kp= 81.9 at 25 ∘C. Calculate ΔGrxn for the reaction at 25 ∘C...

Medical Sciences
1.2K views

Select each of the following that would result in elevated cardiac output for a given heart...

Psychology
1.2K views

Well, I'm Lillian, and I'm here because I was in a really significant car accident about...

Geometry
1.2K views

B 1 point Find the area of this rectangle Side one 13 cm side two...

Calculus
1.2K views

The graph of a function can cross a horizontal asymptote True False

Calculus
1.2K views

Evaluate the cylindrical coordinate integral The value is 0 0 r r dz dr d

Algebra
1.2K views

Use the rational zeros theorem to list all possible rational zeros of the following g...

Algebra
1.2K views

Let f x x 4 and g x the following compositions a ff x b...

Accounting
1.2K views

Changes in Current Operating Assets and LiabilitiesIndirect Method Blue Circle Corporation's comparative balance sheet for...

Accounting
1.2K views

On January 1, 20X5,...

Accounting
1.2K views

explain it in excel please (Use cells A6 to B12 from the given...